Euro Stablecoin License Granted to 37 Banks
The Dutch central bank has granted @Qivalis an electronic money institution license, advancing a 37-bank consortium towards launching a euro-pegged stablecoin. #Update #Crypto $EUR
The Dutch central bank has granted @Qivalis an electronic money institution license, advancing a 37-bank consortium towards launching a euro-pegged stablecoin. #Update #Crypto $EUR
Crypto firms expanding between New York and Wyoming can qualify for expedited regulatory reviews under a new agreement aimed at faster interstate operations. #Update #Legal
Lilith Wittmann wins Berlin court case against Malta Gaming Authority, can use documents but barred from system access; Casino Secrets site goes down. #Update #Legal
The ECB and EU central banks propose removing MiCA’s requirement for stablecoin issuers to hold 30%-60% of reserves in bank deposits, citing risks of mass redemptions affecting banks. #Update #Crypto $USDT
@Revolut receives conditional OCC approval to establish a U.S. national bank, aiming for a 2027 launch with services like insured deposits and crypto transactions. #Update #Finance
Australia’s High Court rules 7-0 that @BlockEarner’s crypto yield product was illegal, reinforcing ASIC’s stance on technology-neutral financial laws. Lower courts to decide on penalties.
@Binance’s MiCA license application in the EU faces potential rejection, risking its operations by July 2026. The exchange claims compliance with regulations and awaits a decision from regulators. #Update #Crypto $BNB
@Paxos has received a clearing agency license from the SEC, making it the first blockchain firm in the U.S. to do so, enabling securities clearing and settlement services. #Update #Crypto
The Estonian regulator suspended @Zondacrypto’s license for 30 days over compliance issues, restricting user registrations and deposits amid challenges in Poland following an asset withdrawal freeze. #Update #Crypto $USDT
Securitize Markets LLC gains expanded FINRA approval for tokenized securities custody, settlement, underwriting, and distribution, enhancing on-chain IPO processes. #Update #Legal
@Revolut has applied for a U.S. banking license to enhance financial services, allowing for faster product development and FDIC deposit insurance. The company continues expanding its crypto ecosystem. #Update #Crypto
@Ripple has secured a full Electronic Money Institution license in Luxembourg, enabling expansion across the EU and strengthening its regulatory footprint with over 75 licenses globally. #Update #Crypto $XRP
Approximately 40% of crypto firms in France plan to forgo MiCA licenses, risking closure by July 2026; AMF issues warnings to unresponsive companies. #Update #Crypto
@Binance has secured a full license from the Financial Services Regulatory Authority (FSRA) to operate in the Abu Dhabi Global Market, becoming the first global crypto exchange with this authorization. #Update #Crypto $BNB